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Bank Of America: Further Downside In Blackberry 'Limited' After 40% Loss
Monday, November 4, 2019 - 11:07am | 372The bearish case for BlackBerry Ltd (NYSE: BB) can no longer be justified after the stock's 40% decline over the past year, according to BofA. The Analyst Bank of America analyst Daniel Bartus upgraded Blackberry's stock from Underperform to Neutral with a price target lifted from $6 to $7...
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Analysts Mixed On BlackBerry Following 23% Drop
Wednesday, September 25, 2019 - 9:40am | 501Shares of BlackBerry Ltd (NYSE: BB) hit a multi-year low Tuesday in reaction to a fiscal second-quarter report highlighted by a miss in its Internet of Things and cybersecurity division. The Analysts TD Securities analyst Daniel Chan maintains a Buy rating on Blackberry with a price target lowered...
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5 Reasons Why BofA Is A BlackBerry Bear
Friday, April 5, 2019 - 12:37pm | 401Bank of America Merrill Lynch said Friday that it's identified five new risks that reinforce the BlackBerry Ltd (NYSE: BB) bear case. The Analyst Daniel Bartus maintains an Underperform rating on BlackBerry with an unchanged $8.50 price target. The Thesis Bank of America's...
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What Analysts Think Of BlackBerry's Turnaround
Monday, April 1, 2019 - 11:53am | 640BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. The transition from smartphone maker to software and services should result in the company seeing year-over-year growth in all four quarters. Here is a summary of how...
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Takeaways From Canaccord's Chat With BlackBerry Management
Tuesday, January 29, 2019 - 5:42pm | 358Canaccord Genuity hosted an investor meeting with BlackBerry Ltd (NYSE: BB) that was "upbeat" and reinforced the company's long-term growth potential. The Analyst Analyst T. Michael Walkley maintains a Hold rating on BlackBerry with an unchanged $9 price target. The Thesis...
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The Street Reacts To BlackBerry's Cylance Acquisition
Monday, November 19, 2018 - 12:42pm | 632Canada-based BlackBerry Ltd (NYSE: BB) reached an agreement last week to acquire Cylance, a threat detection cybersecurity company with a specialty in artificial intelligence. Here's how the sell-side reacted to BlackBerry's largest M&A move to date. The Analysts CIBC...
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BlackBerry Scoops Up Cybersecurity Company Cylance For $1.4B
Friday, November 16, 2018 - 9:48am | 356BlackBerry Ltd (NYSE: BB) said Friday it reached an agreement to acquire Cylance, an artificial intelligence and cyber security leader. What Happened BlackBerry will pay $1.4 billion in cash and the assumption of unvested employee incentive awards to fully acquire the pioneer in applying artificial...
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New FireEye Interview On 60 Minutes: 13 Quotes Cybersecurity Investors Need To See
Sunday, April 12, 2015 - 8:07pm | 723On the latest episode of 60 Minutes, Steve Kroft dove into North Korea's cyber attack on Sony Corp (ADR) (NYSE: SNE) last winter. Kroft interviewed FireEye Inc (NASDAQ: FEYE) Chief Operating Officer Kevin Mandia -- the California-based IT company was hired by Sony to "clean up"...